Common use of Multiple Guarantors Clause in Contracts

Multiple Guarantors. If more than one individual signs this Guaranty, or any other individual signs any other Guaranty in connection with the Note or the Loan, the liability of all individuals who sign shall be joint and several as to all of the Obligations.

Appears in 6 contracts

Sources: Guaranty Agreement (Lightyear Network Solutions, Inc.), Guaranty Agreement (Lightyear Network Solutions, Inc.), Guaranty Agreement (Lightyear Network Solutions, Inc.)

Multiple Guarantors. If more than one individual signs this Guaranty, or any other individual signs any other Guaranty in connection with the Note or the Loan, the liability of all individuals who sign shall be joint and several as to all of the Obligations, subject to the Limitation.

Appears in 4 contracts

Sources: Guaranty Agreement (Lightyear Network Solutions, Inc.), Guaranty Agreement (Lightyear Network Solutions, Inc.), Guaranty Agreement (Lightyear Network Solutions, Inc.)